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Key Details
Sold Price $235,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 428 sqft
Price per Sqft $549
Subdivision City Park West
MLS Listing ID 5653398
Bedrooms 1
Full Baths 1
Condo Fees $290
HOA Fees $290/mo
Year Built 1966
Annual Tax Amount $892
Tax Year 2022
Property Description
Welcome to 1833 Williams! This unit is a fantastic opportunity for savvy first-time buyers or an investor looking for a lucrative addition to their portfolio. As a furnished unit, it has been renting for $1,750 to $1,825. Located in the heart of Denver's bustling Uptown neighborhood, this modern, 1-bedroom, 1-bathroom condo spans a well-utilized 428 square feet and is move-in ready.
The condo is a steady revenue generator. For the last 6 years, it has been a furnished 60-day + Airbnb rental, providing a 6.4% CAP rate at the current listing price. No city regulations or taxes because it’s longer than 30 days, but you get the high rental premium of short-term rentals. The owner is happy to answer any questions and sell the property turnkey ready and furnished.
The unit features a strategically planned open layout which capitalizes on every square foot, providing a spacious feeling and western views of downtown. The sleek kitchen, complete with modern appliances, merges seamlessly into the comfortable living area, while the bedroom offers a restful space and privacy.
The property is situated within a short stroll of Denver's iconic City Park, and occupants will delight in having a diverse selection of restaurants, shopping and parks."
Location
State CO
County Denver
Zoning G-MX-3
Interior
Heating Forced Air
Cooling Air Conditioning-Room
Laundry Common Area
Exterior
Roof Type Composition
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Wyatt
Middle Schools Whittier E-8
High Schools East
School District Denver 1
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Keller Williams Integrity Real Estate LLC
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Chad Nash, The Real Estate Doctor
CEO / Real Estate Wealth Advisor
CEO / Real Estate Wealth Advisor